Developments on the Yangtze and the Nationalist offensive against Wa-han have upset the equilibrium merchants and the market generally and, as far as the Yangtze is concerned, shipments are practically suspended beyond Nanking pending more settled conditions, Latest reports suggest the struggle will be short-lived and few can bee any benefit by the defeat of the pres Government, it hoped their offensive jcceasful.. The northern markers are quieter, but their inquiries are in the aggregate fair with perhaps not quite such liberal limits. fact, until recent shipments are absorbed they can afford to be independent and in consequencs Local values are barely steady; dealers generally are free sellers. We hear of no forward business of consequence.
Tuesday's Auction We expected and found an uneasy feeling at this sale; fower Trade aniers and fair resales weakened prices throughout and bidding was er reversed, one may be lead anticipate no considerable rise, the Immediate future on the domeatie Staple and, therefore, eon servative operations are advisable for the time being. 1
Yarn The market has had a better appearance during the past week, and without any great excitement prices advanced about two to four {aels from the level of a week agos Business for export has been booked some 4,000 to" 6,000 bales in all counts of local spinnings. it silk 'The silk market is very quiet with practically' no busi ing. Prices are somewhat Metals a Nothing doing at all is the report on this market, Timber There was no business during ths woak under review. Freight rates from the Pacific Coast hava advanced and local dealers are holding off Venus Trading Cou part Ca, China
Text read from the printed page and cleaned; old type leaves the occasional error.